Today, we’ll be taking a look at the most undervalued move-to-earn projects. But before we do that, I’ll do a bit of self chill.

If you want more articles on some technical crypto stuff, you can check out my substack page.

The most undervalued M2E projects on my radar are:

1. Digital Fitness (DEFIT) — $3.7 million

Digital Fitness (DEFIT) is a pioneer project in the move to earn segment that is building a powerful web3 digital fitness marketplace.

It was launched in April 2021 as a multi-chain cryptocurrency. This allows it to operate on the Polygon and Ethereum blockchains one can easily bridge DEFIT between chains via their custom bridge solution.

The utility token of Digital Fitness is called DEFIT. It is used to reward users for leading a healthy and active style. Its purpose is to bring the world of sports and fitness onto the blockchain, leading the Move-to-earn movement.

The team promises a mobile app that will be available for download on both IOS and Android stores this May 2022. The app will feature a community-first marketplace for health and fitness professionals with DEFIT at the heart of the ecosystem. Users will be able to earn some tokens through in-app challenges and by recording their fitness activities but those who own the DEFIT NFTs get higher returns for each specific sport attribute.

Because this project is still in its early stages, it has a low market cap of about $3.7 million. The team is doxxed and has made DEFI available for purchase on Uniswap (V2), MEXC, ProBit Global, and QuickSwap.

1. WIRTUAL — $3.2 million

Wirtual is a Bep-20 project that markets itself as an “Exercise to Earn” application. Launched in March 2022, the project aims to transform users’ healthy habits into cryptocurrency by incentivizing activity. Simply put, it rewards users with cryptocurrency through exercise.

The plan is to work out, get rewards…exercise, and get rewards too. It’s that simple! Users can also earn tokens by exchanging coins for store purchases physical products & NFTs, event tickets, organizing virtual sports events, and holder ranking to access features. Right now this is an underrated Move-to-earn crypto coin.

The Wirtual app is available on both iOS and Android devices. Users can download the Wirtual app and join their running, walking, swimming, cycling, dancing, and working out activities from anywhere at any time. Users can also compete in terms of speed, and distance, have competitions as a group, or even create their custom challenges. Then they submit their results to earn WIRTUAL tokens.

One unique feature about Wirtual is its Sweat Mining mechanism. It’s a new way to mine cryptocurrency that’s affordable and easily accessible to anyone worldwide. Users track their activities on their usual fitness devices like Fitbit or Apple Health, and in return, they can earn WIRTUAL coins. The top gainer users can earn up to $50 per day from their activities!

The primary utility asset on the platform is WIRTUAL. As said earlier, this is used to distribute rewards to users. The team is also doxxed and has made WIRTUAL available on PancakeSwap, LBank, BKEX, and DODO (BSC).

The team has promised to uphold its mission of encouraging and rewarding healthy habits. Every time you exercise, you earn cryptocurrency that can be used to purchase tangible or intangible products.

1. Aircoins — $2.28 million

Aircoins (AIRX) is a Move-to-earn project enabling an interactive way to earn cryptocurrency. It merges cryptocurrency with mobile gaming, augmented reality, and digital advertising.

Launched in April 2021, Aircoins integrates the play-to-earn model into its platform along with an Artificial Reality Metaverse to create a fun and interactive way to learn about various cryptocurrency projects in the space.

Using geolocation, users are incentivized by collecting rewards and digital assets for their efforts to stay active and maintain a healthy lifestyle. They can check out the Aircoins mobile app available on Android and iOS devices and find coins using the Aircoins proof of effort algorithm.

Aircoins is currently working on enabling users to buy virtual real estate on the platform in the form of NFTs. This would allow users to earn more AIRx tokens just by holding the Aircoins digital real estate.

With the hype on M2E projects, Aircoins is a highly undervalued Move-to-earn. The team is doxxed and has made the token available to trade on Latoken, PancakeSwap, and OpenOcean.

1. Calo — $13.6 million

Calo (CALO) is a bep-20 blockchain metaverse that provides users chances to work out daily either in single or world challenge mode. They record training results and convert users moving movements into valuable rewards.

Launched in December 2021, the Calo Metaverse is looking to change the world’s healthy lifestyle trend by providing more value to the process of personal workouts and moving. Upon entering the Calo Metaverse, players will equip themselves with SNEAKER to participate in virtual challenges. Beginning with running and walking, players will conquer challenges and receive FIT Token to continue participating in the next activities on the app.

Calo features a robust earning mechanics system with various incentives. It has a socialfi system where users can share their activation Code to get puzzle pieces. When enough pieces are collected, it will be possible to exchange them for a Shoe Box. There’s the daily stamina cap for the single-mode, where users can gain NFT sneakers to raise their stamina. Users can earn rewards through their burn-to-earn process by holding sneakers and staying active.

Calo integrates an anti-cheat system involving GPS tracking that penalizes accounts found to be using fraudulent methods to gain rewards. It features a mobile app on Android and iOS devices called Calo Run.

It is important to note that the Calo Metaverse is powered by the CALO token and can be purchased on Pancakeswap.

1. OliveX (DOSE) — $6.7 million

Launched in November 2021, OliveX is a gamified fitness metaverse platform that enables real-world fitness to merge with the digital universe to engage consumers with brands. It is a leading gamified fitness developer based in Asia. OliveX has a primary utility token called DOSE. It is the token of purchase, utility, and action and is also the heart of the OliveX gamified fitness ecosystem. Players will receive DOSE tokens for completing workout-based gameplay in Dustland Runner, Dustland Rider, and other experiences. These tokens can be used to unlock items, purchase NFTs and participate in special game modes.

OliveX also plans to become a project incubator via investment. They have partnered with Apecoin to introduce an exciting mission: Operation Ape. In this mission, players that hold an Operation Ape Exclusive Access Pass NFT will be granted entry into unique side missions and allowed to earn DOSE tokens. Aside from that, DOSE can also be gotten/purchased on Uniswap (V2), OKX, MEXC, PancakeSwap (V2), SushiSwap, ApeSwap (BSC), and Gate.io.

Conclusion:

As with any new field, there’s a lot of price discovery potential if one is early enough. M2E presents a massive opportunity and has already spawned a lot of infra companies but while these are exciting to watch, there is still more room for these projects/games to evolve. As an investor in any of these, one must watch out and make sure the founders are building loyal intrinsically driven communities. People that’ll love the project despite the monetary incentives at play. This would guide your step forward, as one must exercise caution when investing in these projects as they have not been battle-tested.

Today, we’ll be taking a look at the most undervalued move-to-earn projects. But before we do that, I’ll do a bit of self chill.

If you want more articles on some technical crypto stuff, you can check out my substack page.

The most undervalued M2E projects on my radar are:

1. Digital Fitness (DEFIT) — $3.7 million

Digital Fitness (DEFIT) is a pioneer project in the move to earn segment that is building a powerful web3 digital fitness marketplace.

It was launched in April 2021 as a multi-chain cryptocurrency. This allows it to operate on the Polygon and Ethereum blockchains one can easily bridge DEFIT between chains via their custom bridge solution.

The utility token of Digital Fitness is called DEFIT. It is used to reward users for leading a healthy and active style. Its purpose is to bring the world of sports and fitness onto the blockchain, leading the Move-to-earn movement.

The team promises a mobile app that will be available for download on both IOS and Android stores this May 2022. The app will feature a community-first marketplace for health and fitness professionals with DEFIT at the heart of the ecosystem. Users will be able to earn some tokens through in-app challenges and by recording their fitness activities but those who own the DEFIT NFTs get higher returns for each specific sport attribute.

Because this project is still in its early stages, it has a low market cap of about $3.7 million. The team is doxxed and has made DEFI available for purchase on Uniswap (V2), MEXC, ProBit Global, and QuickSwap.

1. WIRTUAL — $3.2 million

Wirtual is a Bep-20 project that markets itself as an “Exercise to Earn” application. Launched in March 2022, the project aims to transform users’ healthy habits into cryptocurrency by incentivizing activity. Simply put, it rewards users with cryptocurrency through exercise.

The plan is to work out, get rewards…exercise, and get rewards too. It’s that simple! Users can also earn tokens by exchanging coins for store purchases physical products & NFTs, event tickets, organizing virtual sports events, and holder ranking to access features. Right now this is an underrated Move-to-earn crypto coin.

The Wirtual app is available on both iOS and Android devices. Users can download the Wirtual app and join their running, walking, swimming, cycling, dancing, and working out activities from anywhere at any time. Users can also compete in terms of speed, and distance, have competitions as a group, or even create their custom challenges. Then they submit their results to earn WIRTUAL tokens.

One unique feature about Wirtual is its Sweat Mining mechanism. It’s a new way to mine cryptocurrency that’s affordable and easily accessible to anyone worldwide. Users track their activities on their usual fitness devices like Fitbit or Apple Health, and in return, they can earn WIRTUAL coins. The top gainer users can earn up to $50 per day from their activities!

The primary utility asset on the platform is WIRTUAL. As said earlier, this is used to distribute rewards to users. The team is also doxxed and has made WIRTUAL available on PancakeSwap, LBank, BKEX, and DODO (BSC).

The team has promised to uphold its mission of encouraging and rewarding healthy habits. Every time you exercise, you earn cryptocurrency that can be used to purchase tangible or intangible products.

1. Aircoins — $2.28 million

Aircoins (AIRX) is a Move-to-earn project enabling an interactive way to earn cryptocurrency. It merges cryptocurrency with mobile gaming, augmented reality, and digital advertising.

Launched in April 2021, Aircoins integrates the play-to-earn model into its platform along with an Artificial Reality Metaverse to create a fun and interactive way to learn about various cryptocurrency projects in the space.

Using geolocation, users are incentivized by collecting rewards and digital assets for their efforts to stay active and maintain a healthy lifestyle. They can check out the Aircoins mobile app available on Android and iOS devices and find coins using the Aircoins proof of effort algorithm.

Aircoins is currently working on enabling users to buy virtual real estate on the platform in the form of NFTs. This would allow users to earn more AIRx tokens just by holding the Aircoins digital real estate.

With the hype on M2E projects, Aircoins is a highly undervalued Move-to-earn. The team is doxxed and has made the token available to trade on Latoken, PancakeSwap, and OpenOcean.

1. Calo — $13.6 million

Calo (CALO) is a bep-20 blockchain metaverse that provides users chances to work out daily either in single or world challenge mode. They record training results and convert users moving movements into valuable rewards.

Launched in December 2021, the Calo Metaverse is looking to change the world’s healthy lifestyle trend by providing more value to the process of personal workouts and moving. Upon entering the Calo Metaverse, players will equip themselves with SNEAKER to participate in virtual challenges. Beginning with running and walking, players will conquer challenges and receive FIT Token to continue participating in the next activities on the app.

Calo features a robust earning mechanics system with various incentives. It has a socialfi system where users can share their activation Code to get puzzle pieces. When enough pieces are collected, it will be possible to exchange them for a Shoe Box. There’s the daily stamina cap for the single-mode, where users can gain NFT sneakers to raise their stamina. Users can earn rewards through their burn-to-earn process by holding sneakers and staying active.

Calo integrates an anti-cheat system involving GPS tracking that penalizes accounts found to be using fraudulent methods to gain rewards. It features a mobile app on Android and iOS devices called Calo Run.

It is important to note that the Calo Metaverse is powered by the CALO token and can be purchased on Pancakeswap.

1. OliveX (DOSE) — $6.7 million

Launched in November 2021, OliveX is a gamified fitness metaverse platform that enables real-world fitness to merge with the digital universe to engage consumers with brands. It is a leading gamified fitness developer based in Asia. OliveX has a primary utility token called DOSE. It is the token of purchase, utility, and action and is also the heart of the OliveX gamified fitness ecosystem. Players will receive DOSE tokens for completing workout-based gameplay in Dustland Runner, Dustland Rider, and other experiences. These tokens can be used to unlock items, purchase NFTs and participate in special game modes.

OliveX also plans to become a project incubator via investment. They have partnered with Apecoin to introduce an exciting mission: Operation Ape. In this mission, players that hold an Operation Ape Exclusive Access Pass NFT will be granted entry into unique side missions and allowed to earn DOSE tokens. Aside from that, DOSE can also be gotten/purchased on Uniswap (V2), OKX, MEXC, PancakeSwap (V2), SushiSwap, ApeSwap (BSC), and Gate.io.

Conclusion:

As with any new field, there’s a lot of price discovery potential if one is early enough. M2E presents a massive opportunity and has already spawned a lot of infra companies but while these are exciting to watch, there is still more room for these projects/games to evolve. As an investor in any of these, one must watch out and make sure the founders are building loyal intrinsically driven communities. People that’ll love the project despite the monetary incentives at play. This would guide your step forward, as one must exercise caution when investing in these projects as they have not been battle-tested.